Ethical Hacking News
The FBI has seized approximately $2.4 million worth of cryptocurrency from an affiliate of the Chaos ransomware group, which has been linked to multiple attacks on firms located in Texas and other regions.
The FBI seized approximately $2.4 million worth of cryptocurrency from a member of the Chaos ransomware group. The seizure was made on April 15, 2025, and is part of the FBI's broader effort to combat cybercrime. The chaos ransomware group has been linked to multiple attacks on firms in Texas and other regions. The seized cryptocurrency can fluctuate rapidly in value, making its actual worth higher or lower than $2.4 million.
The Federal Bureau of Investigation (FBI) has made a significant move in its efforts to combat cybercrime by seizing approximately $2.4 million worth of cryptocurrency from an affiliate of the Chaos ransomware group, which has been linked to multiple attacks on firms located in Texas and other regions.
According to a press release published by the Department of Justice (DoJ), the FBI's Dallas division seized 20.2891382 Bitcoins from a cryptocurrency address allegedly associated with a member of the Chaos ransomware group, known as "Hors," who has been tied to ransomware attacks against victims located in the Northern District of Texas and elsewhere.
The seizure was made on April 15, 2025, and the funds were valued at approximately $2.4 million at the time of the seizure. It is worth noting that the value of cryptocurrency can fluctuate rapidly, so the actual value of the seized funds may be higher or lower than this amount.
The FBI's action against Hors and the Chaos ransomware group is part of a broader effort to combat ransomware attacks and other forms of cybercrime. Ransomware attacks have become increasingly common in recent years, with attackers using various tactics to extort money from victims.
In this case, the FBI alleges that Hors was involved in multiple ransomware attacks against victims located in Texas and other regions. The group allegedly used various methods to carry out these attacks, including exploiting vulnerabilities in software and using social engineering tactics to trick victims into installing malware.
The seizure of cryptocurrency by the FBI is a significant blow to Hors and the Chaos ransomware group. It demonstrates the FBI's commitment to combating cybercrime and its willingness to take action against those who engage in such activities.
The fact that the seizure was made by the FBI's Dallas division highlights the agency's focus on addressing the growing threat of ransomware attacks in Texas and other regions. The FBI has been actively working to combat these types of attacks, both domestically and internationally.
In addition to the seizure of cryptocurrency, the FBI also filed a civil complaint in the Northern District of Texas seeking the forfeiture of over $1.7 million worth of cryptocurrency seized by the Dallas division on April 15, 2025. The complaint alleges that the seized cryptocurrency constitutes property involved in unlawful activity, or proceeds of or property derived from unlawful activity, including money laundering and extortion related to damage to a protected computer, commonly referred to as a ransomware attack.
The seizure of cryptocurrency by the FBI is just one example of the agency's efforts to combat cybercrime. The FBI has been actively working to investigate and disrupt cybercrime operations for many years, and it continues to be a major player in this effort.
In recent months, the FBI has seen an increase in ransomware attacks and other forms of cybercrime. These types of attacks have become increasingly common, with attackers using various tactics to extort money from victims.
The fact that the Chaos ransomware group was able to carry out these attacks highlights the need for greater vigilance on the part of individuals and businesses. Ransomware attacks can have devastating consequences, including financial losses and damage to reputation.
In addition to the FBI's efforts, other agencies and organizations are also working to combat cybercrime. These include law enforcement agencies, cybersecurity firms, and private sector companies.
Overall, the seizure of cryptocurrency by the FBI is a significant development in the agency's efforts to combat cybercrime. It demonstrates the FBI's commitment to addressing the growing threat of ransomware attacks and other forms of cybercrime.
Related Information:
https://www.ethicalhackingnews.com/articles/FBI-Seizes-24-Million-Worth-of-Cryptocurrency-from-Chaos-Ransomware-Affiliate-Targeting-Texas-Firms-ehn.shtml
https://securityaffairs.com/180578/cyber-crime/fbi-seizes-20-btc-from-chaos-ransomware-affiliate.html
Published: Wed Jul 30 07:36:21 2025 by llama3.2 3B Q4_K_M
